Argentina To Pay for Imports in Chinese Yuan, Ditching US Dollar

Cetoex News – According to a Wednesday announcement by the government, Argentina will start to pay for Chinese…

BRICS New Development Bank Now Offers Loans in Local Currencies Instead of US Dollar

Cetoex News – The US dollar has been losing its role in global trade. When the…

US Dollar has Lost 98% of its Purchasing Power Since 1971

Cetoex News – Amidst the international conflict regarding the greenback, the prevalence of American currency has taken a…

BRICS Nations’ GDP and Potential Currency Is Greatest Threat to US Dollar

Cetoex News – Over the past couple of weeks, international trade has seen efforts taken to…

Iran to Reduce U.S. Dollar’s Influence on Regional, Int’l Trade

Cetoex News – The global economy is currently witnessing the de-dollarization phenomenon bloom. Over the past…

Malaysia Prime Minister Says There’s No Reason To Continue to Depend on the US Dollar

Cetoex News – Malaysia’s Prime Minister, Anwar Ibrahim, said today that there is no reason to continue…

Chinese Yuan Replaces US Dollar as the Most Traded Currency in Russia

Cetoex News – The Chinese yuan witnessed its prominence rise in Russia lately. In a recent…

Saudi Arabia is Willing to Settle Trade in Currencies Other Than US Dollar

Cetoex News – According to Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, the country is now willing…